Notification No. 182

What this is

Notification No. 182 was published on 11 July 2005. Its subject is Rules/amendment Rules.

This amends the Income-tax Rules. What it changes is the Rules, not the Act — and a rule can never take away what the section gives.

What it does

By the Income-tax (Twenty-first Amendment) Rules, 2005, made under section 295 read with section 285BA of the Income-tax Act, 1961, the Central Board of Direct Taxes substitutes rule 114E of the Income-tax Rules, 1962 and, as the notification's title records, omits Form No. 65 and inserts Form No. 61A in Appendix II. The substituted rule 114E requires the annual information return under sub-section (1) of section 285BA to be furnished in Form No. 61A, verified in the manner indicated therein, by every person in column (2) of the Table in respect of all transactions of the nature and value in column (3) registered or recorded by him during a financial year beginning on or after 1 April 2004. The Table covers a banking company in respect of cash deposits aggregating to ten lakh rupees or more in a year in any savings account; a banking company or other company or institution issuing credit cards in respect of payments against credit card bills aggregating to two lakh rupees or more in the year; a trustee or manager of a Mutual Fund in respect of receipt of two lakh rupees or more for acquiring units; a company or institution issuing bonds or debentures in respect of receipt of five lakh rupees or more for acquiring them; a company issuing shares through a public or rights issue in respect of receipt of one lakh rupees or more; a Registrar or Sub-Registrar appointed under section 6 of the Registration Act, 1908 in respect of purchase or sale of immovable property valued at thirty lakh rupees or more; and an authorised officer of the Reserve Bank of India in respect of receipt of five lakh rupees or more in a year for bonds issued by the Reserve Bank.

Who it reaches

• banks, credit card issuers, mutual funds, issuers of bonds, debentures and shares
• Registrars and Sub-Registrars registering transfers of immovable property
• authorised officers of the Reserve Bank of India
• persons whose transactions cross the thresholds and are reported

The provisions it speaks to

The instrument, as the Board published it

RULES/AMENDMENT RULES
I.T. (TWENTY-FIRST AMDT.) RULE, 2005
Income-tax (Twenty First) Amendment - Rules, 2005 - Substitution of rule 114E; omission of Form No. 65 and insertion of Form No. 61A in Appendix II of Income-tax Rules, 1962
NOTIFICATION NO. 182/2005 [F.NO. 142/44/2003-TPL], DATED 11-7-2005
In exercise of the powers conferred by section 295 read with section 285BA of Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—
1. (1) These rules may be called the Income-tax (Twenty-first Amendment) Rules, 2005.
(2) They shall be deemed to have come into force from the 1st day of December, 2004.
2. In the Income-tax Rules, 1962,—
(a) for rule 114E, the following shall be substituted, namely :—
‘114E. Furnishing of Annual Information Return.—(1) The annual information return required to be furnished under sub-section (1) of section 285BA shall be furnished in Form No. 61A and shall be verified in the manner indicated therein.
(2) The return referred to in sub-rule (1) shall be furnished by every person mentioned in column (2) of the Table below in respect of all transactions of the nature and value specified in the corresponding entry in column (3) of the said Table, which are registered or recorded by him during a financial year beginning on or after the 1st day of April, 2004:—
TABLE

Sl. No.

Class of person

Nature and value of transaction

(1)

(2)

(3)

1

A Banking company to which the Banking Regulation Act, 1949 (10 of 1949), applies (including any bank or banking institution refer- red to in section 51 of that Act).

Cash deposits aggregating to ten lakh rupees or more in a year in any savings account of a person maintained in that bank.

2.

A banking company to which the Banking Regulation Act, 1949 (10 of 1949), applies (including any bank or banking institution referred to in section 51 of that Act) or any other company or institution issuing credit card.

Payments made by any person against bills raised in respect of a credit card issued to that person, aggregating to two lakh rupees or more in the year.

3.

A trustee of a Mutual Fund or such other person managing the affairs of the Mutual Fund as may be duly authorised by the trustee in this behalf.

Receipt from any person of an amount of two lakh rupees or more for acquiring units of that Fund.

4.

A company or institution issuing bonds or debentures.

Receipt from any person of an amount of five lakh rupees or more for acquiring bonds or debentures issued by the company or institution.

5.

A company issuing shares through a public or rights issue.

Receipt from any person of an amount of one lakh rupees or more for acquiring shares issued by the company.

6.

Registrar or Sub-Registrar appointed under section 6 of the Registration Act, 1908.

Purchase or sale by any person of immovable property valued at thirty lakh rupees or more.

7.

A person being an officer of the Reserve Bank of India, constituted under section 3 of the Reserve Bank of India Act, 1934, who is duly authorized by the Reserve Bank of India in this behalf.

Receipt from any person of an amount or amounts aggregating to five lakh rupees or more in a year for bonds issued by the Reserve Bank of India.

(3) The return referred to in sub-rule (1) shall be furnished to the Commissioner of Income-tax (Central Information Branch):
Provided that where the Board has authorised an agency to receive such return on behalf of the Commissioner of Income-tax (Central Information Branch), the return shall be furnished to that agency.
(4)(a) The return comprising Part A and Part B of Form No. 61A referred to in sub-rule (1) shall be furnished on computer readable media being a floppy (3.5 inch and 1.44 MB capacity) or CD-ROM (650 MB or higher capacity) or Digital Video Disc (DVD), along with Part-A thereof on paper.
Provided that a person responsible for furnishing the return, may, at his option, furnish the return through online transmission of electronic data to a server designated by the "Annual Information Return - Administrator" referred to in sub-rule (7) for this purpose under the digital signature of the person specified in sub-rule 6:
Provided further that the return shall be prepared in accordance with the data structure specified by the "Annual Information Return - Administrator" referred to in sub-rule (7) in this regard;
(b) The person responsible for furnishing the return shall ensure that—
(i) if the data relating to the return or statement is copied using data compression or backup software utility, the corresponding software utility or procedure for its decompression or restoration shall also be furnished along with the computer media return or statement;
(ii) the return is accompanied with a certificate regarding clean and virus free data.
Explanation.—For the purposes of this sub-rule, "digital signature" means a digital signature issued by any Certifying Authority authorised to issue such certificates by the Controller of Certifying Authorities.
(5) The return referred to in sub-rule (1) shall be furnished on or before 31st August, immediately following the financial year in which the transaction is registered or recorded.
(6) The return referred to in sub-rule (1) shall be signed and verified by-
(a) in a case where the person furnishing the return is an assessee as defined in clause (7) of section 2 of the Act, by a person specified in section 140 of the Act;
(b) in any other case, by the person referred to in column (2) of the Table below sub-rule (2).
(7) The Board may appoint an officer designated as Annual Information Return-Administrator, not below the rank of the Commissioner of Income-tax for the purposes of day to day administration of furnishing of the Annual Information Return including specification of the procedures, data structure, formats and standards for ensuring secure capture and transmission of data, evolving and implementing appropriate security, archival and retrieval policies’;
(b) in Appendix-II,
(i) Form No. 65 relating to Annual Information Return under section 285BA of the Income-tax Act, 1961, inserted vide the Income-tax (17th Amendment Rules), 2004 shall be omitted;
(ii) after Form No. 61, the following Form shall be inserted, namely:—
"FORM No. 61A
[See rule 114E]
Annual Information Return under section 285BA of the Income-tax Act, 1961
(PART-A)
n Please see the instructions and fill up relevant columns

1. Name of the person (in block letters)

(Please leave one blank box between two words.)

2. Permanent Account Number (PAN) of the person (see instructions)

3. Folio Number of the person (see instructions)

4. Address (in block letters) (Please leave one blank box between two words.)

4.1 Flat No.

4.2 House/Premises No.

4.3 Floor No.

4.4 Building Name

4.5 Block/Sector

4.6 Road/Street

4.7 Locality/Colony

4.8 City

4.9 State Code (Refer to State Code in instructions)

4.10 Pin Code

5. Status

(Individual-I, Company-C, Firm-F, Hindu undivided family-H, Government Office-G, Banks-B, Others-O)

6. Financial Year (transactions relating to which are reported)

7. Address of Jurisdictional Commissioner of Income-tax (Central Information Branch)

8. Total number of transactions reported in Annual Information Return (Part B)

9. Total value of all transactions reported in Annual Information Return (Part B) Rs.

10. Medium of Annual Information Return (Please strike off inapplicable)-CD/Floppy/DVD/ONLINE
Verification
I,.............(full name in block letters), son/daughter of......solemnly declare that to the best of my knowledge and belief, the information given in Part A and Part B of this return is correct and complete. I further declare that I am making this return in my capacity as...........and I am also competent to make this return and verify it. I further certify that the floppy/CD-ROM/Digital Video Disk/online data through which Part-B is submitted is clean and virus free.

Date.....................

Signature............................................

Place...................

Name..................................................

(FOR OFFICE USE)

Receipt No.

:

_________________________________________

Date

:

_________________________________________

Name & Signature of person receiving

:

_________________________________________

Annual Information Return (with Stamp)

:

(PART- B)

1. Name of the person (in block letters)

(Please leave one blank box between two words.)

2. Permanent Account Number (PAN) of the person (see instructions)

3. Folio Number of the person (see instructions)

4. Address (in block letters) (Please leave one blank box between two words.)

4.1 Flat No.

4.2 House/Premises No.

4.3 Floor No.

4.4 Building Name

4.5 Block/Sector

4.6 Road/Street

4.7 Locality/Colony

4.8 City

4.9 State Code (Refer to State Code in instructions)

4.10 Pin Code

5. Status

(Individual-I, Company-C, Firm-F, Hindu undivided family-H, Government Office-G, Banks-B, Others-O)

6. Financial Year (transactions relating to which are reported)

7. Total number of transactions reported in Annual Information Return

8. Total value of all transactions reported in Annual Information Return (in Rupees)

9. Details of transactions :

Sl. No.

Date of Transaction (DD-MM-YY)

Name of Transacting Party

(in block letters)

1. First Name

2. Middle Name

3. Surname

(In case of non-individuals full name be written. Leave one blank box between two words.

PAN of Transacting Party (Refer to Instruction No. 5)

Full Address

(in block letters. Leave one blank box between two words)

1. Flat No.; 2. House/Premises No.; 3. Floor No.; 4. Building Names; 5. Block/Sector; 6.Road/Street; 7. Locality/colony; 8. City; 9. district; 10. State Code; 11. Pin

(Refer to State Code in Instructions)

Mode of transaction (Cash-C, Cheque-Q, Card-R, Demand Draft-, Others-O)

Amount in Rs. (Rounded off to nearest Rupee)

Transaction Code

Address of Office/Branch of person (responsible for furnishing the Annual Information Return) where transaction took place

1.

1.

2.

3.

2.

4.

3.

5.

6.

7.

8.

9.

10.

11.

INSTRUCTIONS FOR FILING ANNUAL INFORMATION RETURN
1. (i) This return (Part A and Part B) be furnished on computer-readable media being a floppy (3.5 inch and 1.44 MB) or CD-ROM (650MB or higher capacity) or Digital Video Disc, along with Part-A thereof on paper.
(ii) In case the return filed is in a compressed format, it should be compressed using winzip 8.1 or ZipltFast 3.0 compression utility only.
(iii) The return be filed in one CD/floppy/DVD and should not span across multiple floppies/CDs/DVDs.
2. Please do not use any abbreviation like Pvt. Ltd., etc.
3. PAN is not required to be given in item No. 2 (Part A) and item No. 2 (Part B) by—
(i) Registrar or Sub-Registrar appointed under section 6 of the Registration Act, 1908;
(ii) A person being an officer of the Reserve Bank of India, constituted under section 3 of the Reserve Bank of India Act, 1934, who is authorised by the Reserve Bank of India for issue of bonds;
4. A Random Computer Generated Number (Folio Number) shall be allotted after filing of Annual Information Return for the first time. This number shall be quoted in item No. 3 Part A and item No. 3 (Part B) of the return for subsequent years.
5. Where the transacting party does not have PAN please mention 60 (in case Form no. 60 under rule 114B is received) or 61 (in case Form No. 61 under rule 114C is received) or NR (for Non-Resident) or G (for Central or State Government department or consular office) as the case may be.
6. State Code

Codes

Name of the State

Codes

Name of the State

01.

ANDMAN AND NICOBAR ISLANDS

19.

MAHARASHTRA

02.

ANDHRA PRADESH

20.

MANIPUR

03.

ARUNACHAL PRADESH

21.

MEGHALAYA

04.

ASSAM

22.

MIZORAM

05.

BIHAR

23.

NAGALAND

06.

CHANDIGARH

24.

ORISSA

07.

DADRA AND NAGAR HAVELI

25.

PONDICHERRY

08.

DAMAN AND DIU

26.

PUNJAB

09.

DELHI

27.

RAJASTHAN

10.

GOA

28.

SIKKIM

11.

GUJARAT

29.

TAMIL NADU

12.

HARYANA

30.

TRIPURA

13.

HIMACHAL PRADESH

31.

UTTAR PRADESH

14.

JAMMU AND KASHMIR

32.

WEST BENGAL

15.

KARNATAKA

33.

CHHATISGARH

16.

KERALA

34.

UTTARANCHAL

17.

LAKSHWADEEP

35.

JHARKHAND

18.

MADHYA PRADESH

7. Codes in respect of transactions to be reported

Sl. No.

Transaction

Transaction Code

1.

Cash deposits aggregating to ten lakh rupees or more in a year in any savings account of a person maintained in a banking company to which the Banking Regulation Act, 1949 (10 of 1949), applies (including any bank or banking institution referred to in section 51 of that Act).

001

2.

Payment made by any person against bills raised in respect of a credit card aggregating to two lakh rupees or more in a year.

002

3.

Receipt from any person of an amount of two lakh rupees or more for purchase of units of a Mutual Fund.

003

4.

Receipt from any person of an amount of five lakh rupees or more for acquiring bonds or debentures issued by a company or institution.

004

5.

Receipt from any person of an amount of one lakh rupees or more for acquiring shares issued by a company.

005

6.

Purchase by any person of immovable property valued at thirty lakh rupees or more.

006

7.

Sale by any person of immovable property valued at thirty lakh rupees or more.

007

8.

Receipt from any person of an amount of five lakh rupees or more in a year for investment in bonds issued by Reserve Bank of India.

008

EXPLANATORY MEMORANDUM
It has been decided to give retrospective effect to the proposed amendment i.e., from the first day of December, 2004, the date from which rule 114E and the Form 65 were published in the Official Gazette vide S.O. No. 1316(E). It is certified that this will not prejudicially affect the interest of any assessee.
Note : The principal rules were published under notification No. S.O. 969 dated the 26th March, 1962 which has been amended from time to time, and last such amendment was made vide notification S.O. No. 932(E), dated 01-7-2005.

What it changes

Forms it touches. Form No. 61A, Form No. 65

From when

1 December 2004, retrospectively.

What to watch

• The rules are deemed to have come into force from 1 December 2004, and the return covers transactions registered or recorded during a financial year beginning on or after 1 April 2004, so the obligation reaches back before the notification of 11 July 2005.
• Each threshold is fixed to its own class of person and transaction, and the aggregation is over the year, so a series of smaller transactions can cross the limit.
• The return is furnished to the Commissioner of Income-tax (Central Information Branch), or to an agency authorised by the Board to receive it on his behalf.
• The return comprising Part A and Part B of Form No. 61A must be furnished on a floppy, CD-ROM or Digital Video Disc with Part A on paper, or at the person's option by online transmission under digital signature to the server designated by the Annual Information Return - Administrator, prepared in the data structure that Administrator specifies.
• Where the data is compressed or backed up, the decompression or restoration utility must accompany it, and a certificate of clean and virus free data is required.

Where you meet it

In the annual information return a bank, registrar or issuer files, and in the enquiry an assessee receives when a reported transaction does not match his return.

An example

A person who deposits Rs. 4 lakh in cash in his savings account in April, Rs. 3 lakh in August and Rs. 3.5 lakh in January has crossed ten lakh rupees in the year, and the bank must report the aggregate in its annual information return even though no single deposit reaches the threshold. A sale deed for immovable property valued at Rs. 30 lakh is reportable by the Registrar, while one at Rs. 29 lakh is not.

What it names

Forms it names. Form No. 60, Form No. 61, Form No. 61A, Form No. 65

Rules it names. Rule 114B, 114C, 114E, 6 of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

• Notification No. 94/2026 [F. No. 370142/24/2026-TPL] / G.S.R. 646(E) : Income-tax (Second Amendment) Rules, 2026 : Amendment of rule 157 of the Income tax Rules, 2026 to align the definition of the specified fund with rule 114AAB of the Income tax Rules, 1962 — Ministry of Finance 21 July 2026
• Notification No. 64 — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7 16 April 2026
• Notification No. 63/2026 [F. No. 370142/13/2026-TPL]/ GSR 268(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026
• Notification No. 62/2026 [F. No. 370142/10/2026-TPL]/ GSR 267(E) — Ministry of Finance 10 April 2026
• Notification No. 61/2026 [F. No. 370142/9/2026-TPL] / GSR 266(E) — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 10 April 2026
• Notification No. 60/2026 [F. No. 370142/8/2026-TPL]/ GSR 265(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026

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